Message From The Chairman

Dear Customers, Employees, Business Partners,

Founded 46 years ago, Efesan Group continues to grow through embracing rapid change and technology necessitated by the new century and without desisting from the indigenized values it started its journey with. Preluding to the industry sector in 1972 with iron production, our Group continues its operations in different industries such as casting, machining, port management, logistics and real estate development and investments.

Our main purpose as Efesan Group is to constantly work and be more successful tomorrow compared to today. In line with our principles of “sustaibability”, “growth” and “trust” which are the fundamentals of our vision; we never confined ourselves to our customer oriented and high quality products and services and have aimed sustainable growth by following the necessities of our time very closely. Our structuring process, which we started with the awareness of perfectly functioning business process and an innovative, solution oriented corporate culture, wholly open for improvement are the keystones for our target, continued in 2017 as well.( This process will continue in 2018 in all group companies so as to make them have a much more efficient structure.

We, as the whole group companies, worked truly hard to achieve our targets in 2017. Being the second biggest nodular iron foundary in Turkey, with its production capacity of 80.000 tons annually; Ferro Döküm concluded its studies for founding a Research and Development Center and got the necessary permissions from the Ministry of Industry and Technology and the Research and Development Center started its operations on 15.06.2017. By this means, in addition to our experienced production and engineering personnel who meets the needs of high quality product expectations of our customers; we now also have a strong Research and Development team who will provide us with the ability of producing nonstandard materials by developing products together with our customers for their demands of products at various designs. We also experience the pride of Ferro Döküm being one of the top 500 exporters in Turkey as per the data of Turkish Exporters Assembly, and also one of the top 500 biggest industrial enterprises in Turkey according to the data of the Istanbul Chamber of Industry.

Şesan, one of our group companies, has completed its infrastructure works for getting specialized in machining and being able produce for sectors other than the automotive sector. As a result of the decision aiming the increasing interaction between group companies and to serve its customers with complete coordination; Şesan was merged with Efesan Demir. Our company, which we believe will grow with the acceleration created by it operating under its new brand “Efesan Machining”, is planning to increase its investments for automatisation in the near future to increase efficiency at machining.

Efesan Demir, has obtained successful results with the new brands it introduced into the market; FRR for bearing housings and STI for scaffolding formworks accessories. It aims to increase the brand recognition much more through fairs in 2018.

Being one of the most important ports in our country, Efesanport had a very successful year by enhancing its business volume. Thanks to our investment for the construction of 130.000 m2 multi layered auto park and warehouse, the first phase to be completed in 2018; Efesanport, will be serving to a higher volume of customers. We are also estimating that our second port investment will be completed and go into action within two years and this will provide an increase in capacity by serving more ships simultaneously both in terms of size and number.

We have also put up our housing project for sale, which constitutes the 3rd stage of our Blox Haliç Project we started at Kağıthane region in 2016. Moreover, we have also completed the whole infrastructure and research studies of our new project, which will create a difference in the sector by placing emphasis on natural life, consisting of 244 self-contained villas, and 3 trading areas and is planned to be put up for sale in 2018.

Efesan Group, founded by a family with their heart set on work and to produce, has had a 46-year-old successful history during which it grew as a family with its employees, customers, and solution partners. We will continue growing and improving ourselves with our vision of always looking ahead, with the experience, talent, belief and determination we have, and with the strength of the sense of unity above all. We are aware of the importance of industrialism’s role in the development of our country, and we will continue producing and creating values in 2018 as well.

I wish you a pleasant and successful year.

Kadir EFEChairman of the Board of Directors

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